SEC: Tillerson did business with Iran, Syria as ExxonMobil CEO
WASHINGTON — ExxonMobil did business with Iran, Syria and Sudan while the man chosen to be secretary of state by President-elect Donald Trump was running the company, according to Securities and Exchange Commission filings.
These new revelations are bound to come up during Rex Tillerson’s confirmation hearing on Wednesday, along with questions about his relationship with Russia, which have drawn intense scrutiny from both Democrats and anti-Russian hawks in the GOP.
The SEC documents were unearthed by the American Bridge super PAC and shared first with USA Today.
“ExxonMobil CEO Rex Tillerson’s business ties create dangerous conflicts of interest in some of the most difficult places in the world,” the Democratic outside group said in a statement. “Exxon’s history of business relationships with state sponsors of terrorism, including Iran, Syria, and Sudan threaten to cloud Tillerson’s judgement on American foreign policy.”
Infineum, a European subsidiary of ExxonMobil, logged $53.2 million in sales to Iran, $1.1 million in sales to Syria and $600,000 in sales to Sudan from 2003 through 2005.
Tillerson was a senior ExxonMobil executive throughout that period, rising from vice president to president and director of the company in March 2004. He has served as chairman and chief executive since the beginning of 2006.
ExxonMobil told the paper that the transactions were legal because Infineum, a joint venture with Shell that was half-owned by ExxonMobil, was based in Europe and the transactions did not involve any U.S. employees.